Japan’s Toho is investing US$225 million in Fifth Season (the former Endeavour Content), the company said today.

The acquisition is part of the Toho group’s “Toho Vision 2032” strategy, which identifies international expansion as a key goal. Toho said today that “there is a lot of room for development” overseas. 

Korea’s CJ ENM, which acquired an 80% stake in the scripted business of Endeavour Content in 2022 for US$785 million, remains the company’s largest shareholder.